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Jazz Resources Inc. (JZR: TSX-V) is pleased to announce that an agreement (as disclosed in a press release September 8, 2009) to acquire mineral claims in the Camborne area of British Columbia has closed.
Under the terms of the agreement, the Company paid $12,500 and issued to Mr. Ken Sanders, the vendor of the properties, 25,000 common shares of the Company. The shares are subject to a hold period that expires on January 15, 2010.
The Sanders claims adjoin the Company’s existing Teddy Glacier claims. The claims are accessible and have good exploration potential. The claims cover part of the Lardeau mineral belt and contain the historic “Agnes” and “Burniere” showings. The showings contain gold, silver, lead, and zinc.
The Company intends to commence an aggressive exploration program on these claims in the coming months.
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